How UVXY move tomorrow, and this week?

Sandy Tan: Last time someone in this kind of group told me the markets love war.

David Yen: Market react for 911 , after 2 month of 911 , what happen in market ?

Raymond Chapman: War causes a push in one direction or another. But the uncertainty that is going on right now with NK has people nervous. Don’t quit know which way the wind is going to blow. Thats what I’m noticing

Zsolt Nagy-Perge: In order for VIX to go up, the S&P 500 index must go down. In order for the SPX to go down, the individual stocks must go down. And I don’t see that kind of setup right now. I may be wrong, but I just don’t expect a tremendous VIX spike.

Raymond Chapman: Volatility creates opportunity

Raymond Chapman: Har Dee it will be interesting for sure. XIV might be a roller coaster🤔🤔 not!!!

Raymond Chapman: Har Dee timing is a bitch sometimes with the vix. Especially when you got family raising hell. Lol

Zsolt Nagy-Perge: I see XLV at a resistance. And then if it goes down, it could form an ascending wedge, and break down further. But it’s weird, because I don’t see the same thing on SPY’s chart.

Zsolt Nagy-Perge: Ok. I see it now. XIV price target : 50. I don’t know what that translates to in UVXY. But I’d imagine it will go up at least 100%.

Zsolt Nagy-Perge: The reason for this downward move is not just North Korea, but the Chinese agreed to start trading oil in gold backed Yuan. And that is huge news.